View Single Post
Old 07-20-2023, 02:28 AM  
jscott
So Fucking Banned
 
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
@AmateurFlix

There's isn't 1 investment in the world that can promise 50-200% APY returns unless it is a scam or ponzi.

ElephantMoney scam offers to enrich the founders. Bitcoin does not since it has no central authority or founder.

Bitcoin doesn't offer APY, Bitcoin offers to exist and to transact. With that the price (against any inflating fiat currency) should logically & mathematically appreciate. I still wouldn't recommend anyone to buy Bitcoin unless they learn about it first.

Now it's up to you, promote the scam/ponzi, or not, but if you do, you will be called out for it on every single thread.

Everyone, please learn from the past, Celsuis, Blockfi, Safemoon, and all those high APY were able to offer/promise such high yield because they were playing a VERY high risk game. Learn from it! Don't let the altcoin and ponzi promoters fool you again. Us "maxi's" were calling these out before they imploded, not because we hate all altcoins, but bcos their business models are hugely greedy and unsustainable.
jscott is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote